Telecommunications operator Digi Communications notified the Bucharest Stock Exchange that its Spanish subsidiary, Digi Spain Telecom, had completed the EUR300 million investment in developing a fiber optics network (FTTH – fiber to the home) covering 2.5 million homes in Andalusia, the most populous region in Spain.
This is the fourth round of investment in the project started in March 2023 and was committed in substantially equal parts by Digi Spain and an investment vehicle part of Aberdeen Group. It also entailed bank financing.
(English version by Loredana Fratila-Cristescu)
